Global financial markets were in turmoil this week after China’s stock market suffered its biggest one-day plunge since 2007. The crisis has been dubbed “Black Monday”.
The panic that spread through financial markets at the start of this week exposed the volatility of the system (see page 3). For all the talk of “recovery” capitalism is fragile.
The attempted murder case against South African trade unionist Makhanya Siphamandla was thrown out on the first day of his trial on Wednesday of last week.
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